Investment Analysis — 3 Franklin Street #Unit 2

Provincetown, MA 02657

Based on HUD Small Area Fair Market Rent for Barnstable Town, MA MSA, a 2-bedroom in 02657 carries an estimated $2,120/mo in gross rent — about a 0.65% cap rate and $7,669/yr in estimated NOI at the $1,185,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

697

Style

Condominium

Built

1880

Ideally located in Provincetown’s sought-after West End, Residence 2 at 3 Franklin Street is moments from public beaches, Relish, The Red Inn, Perry’s Fine Wines & Liquors, and the shops, galleries, and restaurants that define this iconic coastal destination. This thoughtfully updated minimalist-style two-bedroom condominium is part of a well-maintained three-unit association and has been redesigned to maximize natural light, indoor-outdoor living, and glimpses of Provincetown Bay. An expansive covered private deck offers the perfect setting for entertaining or enjoying morning coffee with sunrise views over neighboring gardens and peeks of the water. Inside, the eat-in kitchen features abundant cabinetry, generous counter space, and a pantry closet. The spacious living room is filled with afternoon light, while both bedrooms enjoy peaceful views and beautiful natural light throughout the day.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.